+9.57(+0.15%)

Economic data to build through week

The economic calendar begins quietly this week with today's market closure but will later build to the key non-farm payrolls report on Friday.

Personal income at 8:30 a.m. ET is the only scheduled release today. Economists expect a gain of 0.5 percent for September, up from 0.1 percent in August.

Events in the following overnight session could move markets, including several important Japanese reports. Some currency traders expect the country's central bank to weaken the yen, which sometimes boosts commodity prices. Chinese Internet giant Baidu will also release quarterly results, which could affect sentiment toward emerging marketsand related companies that trade in the U.S. such as Sina.

Thursday features weekly jobless claims and monthly same-store sales from retailers, along with the Institute of Supply Management's manufacturing index. In addition to the October jobs report on Friday, Germany and the European Union will issue their own manufacturing data, and the Commerce Department reports factory orders for September.